Page 5 of power discoms

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On a three-year CAGR basis, power generation has grown over 5%.

March 8, 2023 01:20 IST

G20 Working Group members agree any such efforts must ensure as little trade-off with Sustainable Development Goals as possible

February 14, 2023 04:30 IST

carbon trading market, carbon trading, carbon foorprint,

India to bolster carbon trading market with stabilisation fund

Money in the fund would be used by a market regulator to buy carbon credits if prices fell too low,…

December 21, 2022 17:40 IST

Pooling for whose benefit? Premium Story

Pooling together power plants older than 25 years to set a common tariff masks expensive generation and fosters cross-subsidisation.

Updated: December 14, 2022 08:04 IST

Discoms’ aggregate technical and commercial losses down to 17pc in FY22

The government has taken various measures to improve the performance of utilities.

December 5, 2022 17:20 IST

A truly level playing field for discoms Premium Story

If the government wants more than one discom to spur competition, then all such discoms should serve exactly the same…

Updated: November 22, 2022 08:36 IST

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Almost 30% power consumers yet to apply for monthly electricity subsidy: Delhi Govt

According to officials, over 33 lakh electricity consumers have so far applied for the power subsidy in the national capital.

October 28, 2022 15:40 IST

India to have over 65 pc power generation capacity from non-fossil fuels by 2030, says RK Singh

Addressing a CII conference on green energy, he explained that India is aiming for 65 per cent of power generation…

Updated: October 17, 2022 12:32 IST

Why power supply liberalisation won’t work

The risks and the rewards both lie in the network, or the ‘wire’, business. The supply business is likely to…

October 5, 2022 04:00 IST

Higher sales, operational efficiency to drive CESC’s revenue growth in FY23: Emkay Global

According to an Emkay Global Financial Service report, CESC has been able to achieve breakeven in those distribution areas where…

Updated: September 27, 2022 07:17 IST

DVC’s power tariff hike gives ground to West Bengal discom to offer cheaper power

DVC said it had to pass on the increased cost of production since it had to import high priced coal…

September 27, 2022 03:45 IST

As per the resolution plan, the transaction entailed payment for one-time settlement of outstanding debt and purchase of equity shares for a consideration of Rs 3,251 crore and payout of existing cash balance of SEUPPTCL.

Resurgent Power acquires South East UP Power Transmission Company

The transaction has been funded through a mix of shareholder funds brought in by Resurgent Power and loans raised from…

September 18, 2022 03:15 IST

Short circuited by subsidies Premium Story

The assumption that cross-subsidies and competition can co-exist is flawed

Updated: August 26, 2022 09:42 IST

Some of these dues have been pending for anywhere between three months to over a year.

A powerful move

The electricity grid operator’s action against states was long overdue to resolve the discom mess

August 22, 2022 04:15 IST

PFC Q1 profit up marginally at Rs 4,580 crore

The net NPA ratio stood at 1.73 per cent for Q123 viz-a-viz 2 per cent in Q122.

August 12, 2022 16:42 IST

Amendments to Electricity Act ‘dangerous’, will benefit few companies: Arvind Kejriwal

He said the Electricity Amendment Bill 2022 increase suffering of the people as it will make problems associated with power…

August 8, 2022 16:12 IST

The ministry of power had brought in the electricity LPS rules 2022 to address mounting dues of the state power utilities and advised REC and PFC to extend their support to discoms for timely payment of their dues under the new LPS rules.

REC sanctions Rs 22,000 crore to discoms under new LPS mechanism

In case of delay in payment of an instalment, a late payment surcharge will be payable on the entire outstanding…

August 5, 2022 03:10 IST

Explainer: Payment defaults cripple power sector

Prime Minister Narendra Modi has recently called upon the states to pay the money they owe to the gencos and…

Updated: August 4, 2022 09:02 IST

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A man turned to LinkedIn and Reddit to expose the “unethical practices” and unwarranted insults he faced during his time at the company. In response, the company has demanded that he delete the LinkedIn post, which it deemed defamatory, within 24 hours or face legal action.

‘Delete LinkedIn post or face notice’: Employee says ex-company threatened him for calling out ‘unethical practices’

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What’s on Jefferies’ Buy list in September? 5 financial sector stocks you cannot ignore

Market38 min ago

Jefferies, a global brokerage house, has recommended 5 top financial sector stocks including HDFC Bank, ICICI Bank, Max Financial Services, Bajaj Finance, and Cholamandalam Finance. These stocks are expected to have strong earnings potential, improved asset quality, and a stable growth outlook. Jefferies has reiterated its ‘Buy’ tag for these stocks, with potential upside of up to 25%.

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